Role and functions:

The ORIC Steering Committee (ORIC-SC) shall be governed by the following TORs:

1. ORIC-SC is the governing body for the ORIC, and shall provide strategic leadership and governance oversight. ORIC-SC will provide dedicated advice to the VC for decisions and actions to be taken in accordance with the objectives, approach and scope of the ORIC.
2. ORIC-SC shall continuously review the performance of ORIC in line with the devised KPIs and strategic plan and guide the ORIC leadership by providing effective oversight and evaluations.
3. ORIC-SC shall:
   1. Devise and approve the 5-year strategic plan for the ORIC and ensure its proper compliance.
   2. Review and approve the recommendations for implementation of initiatives for better achievement of ORIC objectives from ORIC leadership.
   3. Review periodic monitoring reports on the basis of KPIs and advise the ORIC leadership accordingly.
   4. Provide policy guidance to ORIC leadership.
   5. Ensure that ORICs activities and initiatives are coordinated with other relevant stakeholders, inside or outside the HEI.
   6. Bridge the gap between academia and industry and provide crucial advice on matters to promote university-industry linkages and commercialization.
   7. Advise the VC on the research management challenges of the university.
   8. Undertake any other task relevant to the better functioning of the ORIC.
4. Members of ORIC-SC shall be appointed on the basis of their expertise in dealing with roles and responsibilities associated with the better performance of ORIC. All members shall have to sign Conflict of Interest statements.